Adobe acquired Figma for $20 billion

NEWS

Figma is a powerful UI design tool.

Adobe on Thursday announced that it would acquire Figma for $20 billion.

Figma was founded in 2012 by Dylan Field and Evan Wallace.

Co-founder and CEO Dylan Field will continue to run the company even after the acquisition.

By 2025, Figma’s addressable market will be worth $16.5 billion in total.

Adobe acquired Figma for $20 billion